fbpx
Jeff Sessions Brings Fight To CannaBusiness, Markets React
Free Medical Cannabis Card For All US Citizens
November 21, 2017
Tax On Medical Pot? Should I Pay It?
February 13, 2018

Today, US Attorney General Jeff Sessions reversed an Obama era policy that restricted federal interference against state-approved growers, dispensaries, patients and users of medical or recreational pot. Mr Sessions has never been shy about his view on cannabis users, stating in a public speech that he prefers members of the KKK.

“Return to the rule of law,” will have uncertain consequences to our industry if the Justice Department decides to act on this open warrant that Mr Sessions just signed. (read memo here>>)

More than 60% of Americans support legal pot and as many as 90% of Americans agree with forms of medical marijuana.

The decision comes just days after California and Vermont legalized marijuana for adult use. In the absence of federal regulation, fear is a suitable substitution. Was this memo just an attempt to spread fear? The market took the news seriously.

Wall Street responds to the Sessions memo; publicly traded US pot stocks, on average, dropped 20% after the news.

The legal cannabis market as we know sprouted from the great recession of the late 2000’s and its cheap real estate. And, of course, a lack of jobs and state revenues back then. Now our economy is good. Policing budgets are growing. And the legal marijuana market is prime for police taking. Be well, Cannabis Crusaders.

And to Mr Sessions, ‘Practice compassion.’

Lon Swanson
Lon Swanson
Working to end cannabis prohibition through action.

2 Comments

  1. Rick says:

    Sessions, as an elderly racist, is good at conjuring FEAR. That’s how he always got elected. He doesnt know the law. The CSA exempts states who are following certain federal guidelines from any interference. Congress limited the AGs authority to interfere with the States. Pity that the AG and DOJ dont comprehend the laws we pay them to enforce. Blood was spilled when we were taxed without representation. Perhaps Enforcement without Comprehension merits a similar response.

  2. Angeles says:

    “You want to know what this is really all about?

    Nixon had TWO ENEMIES: the Anti-War Left and Black people.

    We knew we couldn’t make it illegal to be either against the War or Blacks. But by getting the public to associate the hippies with marijuana and Blacks with heroin, and then criminalizing both heavily, we could disrupt those communities. We could arrest their leaders, raid their homes, break up their meetings, vilify them night after night on the evening news…

    Did we know we were lying about the drugs? Of course we did!”

    – John Erlichman, Counsel & Assistant to US President Nixon

    Funny how McDonalds kills more people every year with their trashy diet but you don’t see men like Mr Sessions shutting down Mc Donald’s. Why? Because….

    “See, if you look at the Drug War from a purely economic point of view, the role of the Government is to PROTECT the Drug Cartel. That’s literally true.” – Milton Friedman, American Economist

    And lest we forget….

    “The Drug War is a total scam: prescription drugs kill 300K a year while cannabis kills no one, but they spend BILLION$$$$ / year “fighting” it because potheads make for good little SLAVE$$$$ to put into private prison$$$, owned by the BANK$$$ who LAUNDER the drug money, and it’s ALL DOCUMENTED.” – Alex Jones, author

    Land of the Free, Home of the Brave? Prove it.

Leave a Reply

Your email address will not be published. Required fields are marked *